SEC Unshackles DEPIN: $34B Sector Soars, 2Z Token Dances 🎉

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The Iron Curtain Parts: A Glimmer of Freedom for DEPIN

What does this bureaucratic benediction mean for the DEPIN sector?

In a world where regulations strangle innovation like a KGB interrogator, the SEC’s “no action” letter is a breath of stale, bureaucratic air. It whispers to the DEPIN networks: “Contribute, comrades, without the specter of regulatory gulags looming.” 🕊️

How did the market react to this crumb of freedom?

Like a prisoner tasting borscht after years of cabbage soup, the market size of the sector ballooned by 3%, reaching a staggering $34 billion. A pittance compared to the riches of the oligarchs, but a victory nonetheless. 💰

The U.S. Securities and Exchange Commission (SEC), that omnipresent watchdog of capitalism, has deigned to grant DEPIN (decentralized physical infrastructure networks) a rare moment of clarity. In a letter dripping with legalese, they declared they wouldn’t “recommend enforcement action” against Double Zero’s 2Z token distribution. A small victory, but one that feels like a thaw in the regulatory permafrost.

“Programmatic transfers that are conducted in the manner and under the circumstances described in your letter are not registered under Section 5 of the Securities Act.”

Double Zero, with its low-latency DEPIN, aims to breathe life into blockchains by harnessing the untapped potential of physical fiber, much like a collective farm utilizing its fallow fields. In return, they offer their native token, 2Z, to those who share their resources, a digital pat on the back for the proletariat of the network.

DEPIN Tokens Rise Like Phoenixes from the Ashes of Regulation

Commissioner Hester Peirce, a rare voice of reason in the bureaucratic chorus, clarified that DEPIN tokens are not investment contracts but “incentives” to build a network. A network, mind you, that operates outside the suffocating grasp of securities law.

“Treating such tokens as securities would suppress the growth of networks of distributed providers of services.”

Peirce, with a wisdom rare in the halls of power, cautioned that the success of these blockchain projects should be determined by the invisible hand of the market, not the heavy hand of the regulator. A sentiment that would have made Adam Smith weep with joy.

Double Zero, understandably overjoyed, proclaimed that “Contributors can receive 2Z without fear of being caught in an unregulated securities transaction.” A victory for the little guy, a chink in the armor of the financial establishment.

Double Zero, currently in testnet with Solana [SOL], Sui [SUI], and other chains, is poised to hit mainnet soon. The regulatory clarity has acted as a shot of vodka for the sector, invigorating it for the challenges ahead.

A Sector-Wide Celebration: Tokens Dance to the Tune of Freedom

Zebec Network [ZBCN], Helium IOT [IOT], and Dynex [DNX] led the daily gainers list with double-digit rallies, their prices soaring like Sputnik into the stratosphere. The overall size of the sector surged 3% to $34 billion, a testament to the power of freedom, however fleeting.

This marks the third category of crypto tokens the SEC has deemed non-securities. First, proof-of-work (PoW) systems like Bitcoin [BTC] and Dogecoin [DOGE] were given the green light. Then, in May, proof-of-stake (PoS) chains like Ethereum [ETH], Solana [SOL], and liquid staking tokens like JitoSOL were also freed from the securities shackles. A slow but steady march towards a more decentralized future, one token at a time. 🌍

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2025-10-01 17:17